E-mini Russell 2000® futures also set an open interest record with 44,434 positions, surpassing the previous record of 44,008 set on March 21. And, Russell 1000® futures posted record open interest with 1,798 positions, up from the June 12 record of 1,778 positions.
Open interest is a widely recognized indicator of the level of customer interest in an exchange's products. It represents the number of futures and options on futures contracts outstanding at the close of trading each day. CME has the largest futures and options on futures open interest of any exchange in the world.
Chicago Mercantile Exchange Inc. (www.cme.com) is the largest futures exchange in the United States. As an international marketplace, CME brings together buyers and sellers on its trading floors and GLOBEX® around-the-clock electronic trading platform. CME offers futures and options on futures primarily in four product areas: interest rates, stock indexes, foreign exchange and commodities. The exchange moved about $1.5 billion per day in settlement payments in the first quarter of 2003 and managed $28.5 billion in collateral deposits at March 31, 2003. CME is a wholly owned subsidiary of Chicago Mercantile Exchange Holdings Inc. (NYSE: CME).